The global head of digital assets research at Standard Chartered, Geoff Kendrick, reaffirmed a US$100,000 target for Bitcoin by the end of the year and noted that this level could fall short. The U.S. Treasury Department’s announcement to double long-term bond buybacks to mitigate the rise in interest rates acts as a direct liquidity catalyst for BTC.
The recent rebound has been driven by liquidations of short positions and a renewed uptick in inflows into spot BTC ETFs. Kendrick suggests that the price of BTC could move toward testing its all-time high of US$126,000 before the year ends, accelerating the pace of its recovery.
🚨 The National Bolivarian Police (PNB) detained in Maracaibo, Zulia state, three members of the «Los Binanceros» gang (aged between 18 and 22) for illegal foreign-exchange dealing.
The group bought foreign currency at the official rate of the Central Bank of Venezuela (BCV) through the banking system, converted it to the stablecoin USDT on Binance, and resold it at a parallel price in the P2P market to profit from the spread.
During the operation, phones, a computer, and a motorcycle were seized, and the detainees were placed at the disposal of the Public Ministry.
The pullbacks and price bounces in high-cap altcoins were brutal during the Asian market, the trader who traded made a boloney, and that’s despite #Bitcoin barely retreating 3.7% from its bullish run of 26%. 📈🐮📉🐻
The portfolio manager at Pantera Capital, Cosmo Jiang, highlighted a key shift in Bitcoin’s market behavior, indicating that institutional capital is actively returning. After weeks of consolidation, positions in the market are reversing from defensive stances or shorts toward long-term buy allocations. After breaking above the US$79,000 zone, some analysts place the next important technical barrier for BTC around US$80,000 to US$82,000.
BTC’s momentum aligns with progress in legislation on digital assets and a macroeconomic environment favorable to risk assets. Jiang notes that this isn’t only retail speculation, but adoption supported by the expansion of stablecoins, prediction markets, and the crossover with Artificial Intelligence infrastructure.
💥The government, which was tasked with denying it, denied that it had hired the economist Steve Hanke to dollarize the country.
💥The President of the AN, Jorge Rodríguez, announces the expulsion of the deputy, Antonio Ecarri, from the Venezuela/USA Parliamentary Friendship Group. The measure responds to the deputy’s association with a project that proposes dollarizing the country’s economy with the advice of economist Steve Hanke.
The discussion about the formal dollarization of the Venezuelan economy has gained weight after years of informal dollarization of prices caused by the loss of purchasing power of the bolívar. One of the positive aspects of this measure would be to remove the BCV’s ability to issue money without backing to finance public spending; it eliminates the main cause of inflation and immediately stabilizes the purchasing power of prices expressed in the new currency.
In the context of sovereignty, the power of monetary and exchange-rate policy is lost, and the country loses the ability to adjust interest rates or devalue its currency to make its non-oil exports competitive or to mitigate international financial impacts. Adopting the dollar does not automatically lead to higher wages or fix failures in public services, the structural fiscal deficit, or low industrial productivity.
Afterwards they get mad when I indicate that EVERYTHING good or bad that happens in this country is the fault of the kind Trump of Doña Delcy; if you can’t buy dollars through the national bank, then it’s Trump’s fault and his 💩 exchange system...😅
💥The American economist and university professor Steve Hanke drafted a bill on dollarization, with the aim of making it so that in Venezuela the bolívar is no longer used and the currency in use is the dollar. 🤮🤮🤮🤮🤮
Bitcoin reached US$79,500 today, while the corporate treasury with the most BTC in the world from the business intelligence company Strategy returned to profitability. The price once again exceeded the BTC corporate treasury cost basis of #strategy , set at US$75,385. Around 11% of the supply of #BTC forms a new support band below US$68,000.
The cryptocurrency surpassed several key resistance levels this week, including its 200-day exponential moving average at US$71,500, a key target that it has recovered and a sign of an end to BTC’s long-term downtrend.
The market is becoming very bullish; if #Bitcoin stays above 72,000 USDT, it would mark the end of the bear market.
The native token of #MANTRA fell 18.5% from its 24-hour high to an all-time low shortly before MANTRA Chain stopped producing blocks and its team announced a preventive pause due to an unexplained incident. MANTRA reported that it was aware of an incident affecting MANTRA Chain and had shut down the network as a precaution while investigating.
The pause prevents assets from moving on MANTRA Chain and has led affected exchanges to pause deposits and withdrawals, with no timeline provided for either service to resume. So far, the MANTRA team has not confirmed whether any funds were compromised or hacked, and they noted that the network will not resume until its absolute security is guaranteed.
Binance’s Agent OS exchange launched a platform for developers that allows AI tools such as ChatGPT and Claude to access its trading infrastructure, market data, wallet, and payments with permissions set by the user. This platform turns AI tools into autonomous financial agents capable of reading the market, performing risk analysis, and executing trades on the user’s behalf under a strict permission framework.
Binance oversees the operations carried out within the platform, but clarifies that the AI’s reasoning process or any external sources consulted happen on the user’s side, so the user remains responsible for verifying the accuracy of the agent’s decisions.
Afterwards they get mad when I indicate that EVERYTHING good or bad that happens in this country is the fault of the kind Trump of Doña Delcy; if you can’t buy dollars through the national bank, then it’s Trump’s fault and his 💩 exchange system...😅
💥The American economist and university professor Steve Hanke drafted a bill on dollarization, with the aim of making it so that in Venezuela the bolívar is no longer used and the currency in use is the dollar. 🤮🤮🤮🤮🤮
According to #Bloomberg , there is a hidden code in the #TikTok app for iPhone in the US, revealing that the social media platform is exploring peer-to-peer payments via direct messages. The code shows that recipients will be able to use a tap-to-accept option before the transaction expires. Senders will receive alerts about the transfer status and can include a message or custom note along with the money sent.
The tool would rely on TikTok Pay, a payments solution the company already uses in Southeast Asian countries for purchases on TikTok Shop. A TikTok spokesperson indicated that the feature is not in active testing in any market, suggesting it is early-stage development and does not guarantee it will be officially released to the public.
The quoted funds or #etf of #bitcoin paid in cash in #EEUU reached US$517 million in net inflows on August 19, marking its highest daily capital inflow in three and a half months since May 4. This inflow accelerated the month’s capital recovery, surpassing a streak of net outflows recorded in mid-August. The flow was led primarily by BlackRock, reflecting large investors’ interest.
The cybersecurity firm Rapid7 said there is a crypto phishing campaign called Operation Asterix targeting approximately 885,000 phone numbers in order to steal seed phrases through fake Ledger, Trezor, and Exodus apps. The hackers ran account-validation tools to determine which of those numbers were linked to real exchange accounts such as Binance.
The hackers used fake apps and redirected users to counterfeit self-custody software clones such as Ledger, Trezor, and Exodus. When installing or opening these apps, the trap was to ask for the seed phrase to "verify" the account or "recover" access
💥The economist and anti-cryptocurrency advocate, Peter Schiff, assured that the Bitcoin rally is a "fakeout" and recommends that investors sell their BTC and buy gold. He should be put in a mental institution...😅
According to the head analyst of digital assets at Standard Chartered, Geoff Kendrick, Bitcoin could reach US$100K by the end of the year after the U.S. Treasury doubled some long-term bond buybacks, calling the move exactly the kind of thing the BTC market loves. The U.S. Treasury doubled the maximum limit for long-term Treasury bond buybacks, from US$2 billion to US$4 billion per operation, between September and November.
By purchasing these bonds, the Treasury pushes yields lower and injects liquidity into the financial system. According to Kendrick, fixed-supply assets like Bitcoin tend to benefit strongly from government interventions that improve market liquidity.
The Cisneros family accuses the Venezuelan government of confiscating assets and oil drilling rights from DP Delta Finance. The company is seeking the return of the assets or compensation of US$2 billion from the government in charge.
DP's legal representation states that the Ministry of Hydrocarbons revoked the rights through a sanctioning process carried out arbitrarily and without guaranteeing the right to a defense or due process.
DP Delta Finance also argues that Petrodelta produced 12 million barrels of crude oil valued at US$700 million and provided services worth US$100 million without receiving any payment up to March.
#toyota Finance has launched a tokenized bond of ¥1 billion (equivalent to more than US$6,000,000) for retail investors via its Toyota Wallet payments app, enabling them to invest without needing a securities account. In addition to interest returns, investors receive direct balance bonuses in Toyota Wallet, ticket giveaways for the Fuji Speedway circuit, and test-drive experiences in Lexus vehicles and classic models from the brand.
This is the second issuance of tokenized bonds (security tokens) from #ToyotaFinance , following a first pilot in 2025 that still relied on traditional brokerage firms. With this move, the automaker uses blockchain technology as a loyalty channel to connect corporate financing with the retail consumer economy.
Ripple raised US$275 million in a senior notes offering that closed yesterday to support the ongoing expansion in the US of the blockchain enterprise solutions provider into financial services. The closing of this senior notes offering was carried out through Ripple Prime, the company’s non-bank prime brokerage division.
The capital will be used for working capital and general corporate purposes within its regulated entities. This will support the expansion of its multi-asset settlement, brokerage, and financing services for traditional financial institutions in the US.
The US spot Bitcoin exchange-traded fund (ETF) market has seen a strong institutional rebound. Yesterday’s inflows totaled US$189 million, pushing cumulative net flows for August to near the US$1 billion mark. This monthly momentum was driven largely by two consecutive days of heavy buying between Monday and Tuesday, accumulating more than US$487 million—over half of the total raised during the month.
The CEO of the corporate entity with more #BTC of the world #strategy , Phong Le, stated that markets are calm right now, but the decline could bring regulatory innovation exemptions, progress in the CLARITY Act, broader adoption of banking in Bitcoin, and growth in digital credit and digital money.
His central point is that, although the cryptoasset market is going through phases of low volatility or consolidation, there are structural catalysts capable of reactivating institutional capital and accelerating adoption. The five key pillars to energize the cryptocurrency market again are regulatory innovation exemptions, progress in the CLARITY Act, banking integration with Bitcoin, expansion of digital credit, and growth of digital money.
Yesterday, Bitcoin logged one of those uncommon sessions in which it clearly outperformed the benchmark equity index #EEUU . The leading cryptocurrency rose by approximately 2.6% and settled at US$65,000, while the S&P 500 fell by about 0.5%. The divergence was driven by selling in high-weight stocks, which pulled the index lower, while BTC found demand.
This session represents one of those days in which the market’s largest cryptocurrency shows relative strength versus traditional stocks, generating expectations among investors. However, the overall picture still shows an asset that has undergone a prolonged correction.
Economists at the Central Bank #Europe warn that a drop in the stock market is likely, since historical technology booms such as railroads and electricity show that investors eventually demand increasingly high risk premiums. The key point is not to deny the impact that #IA may have on productivity or corporate profits, but to alert about how investors’ perception of risk responds as an innovation matures.
The great opportunities that the cryptocurrency market offers for Trading are:
✅️When there is extended oversold or overbought.
✅️Crosses of the 20, 50, and 200 MAs in a bullish or bearish manner.
✅️Crosses of the 20, 50, and 200 MAs in a bullish or bearish manner with the Bollinger Bands.
✅️When there are bullish or bearish divergences.
✅️Bounces on the upper and lower Bollinger Bands where a kind of “belly” is formed, and bounces on the 20, 50, and 200 MAs when there are bullish runs and the price was liquidated.
✅️When W or M patterns form on the Bollinger Bands.
✅️When clear patterns form with Japanese candlesticks.
According to Glassnode’s on-chain analyses, liquidity in weak zones, BTC ETF outflows, and high realization of losses are keeping Bitcoin in a range with limited conviction. The volume in direct buy orders on Spot remains muted. With insufficient liquidity to absorb the supply, any upward move lacks sustained momentum.
Much of the activity on the network comes from investors selling their coins below their entry price. This constant taking of losses creates selling pressure that slows attempts to recover. The market is not necessarily in a phase of mass capitulation or extreme panic, but it is in a defensive zone with low volatility. Without a clear inflow of fresh capital or a significant rebound in large-entity accumulation, the price tends to stay trapped in a range without a defined trend.
According to CryptoQuant, liquidations of short positions in Bitcoin reached their highest level in almost a month when the price hit US$64,500 yesterday. A continued downward adjustment in the funding rate, from 0.006% to 0.003% over 24 hours, could mean further compressions of short positions. The lack of demand in the spot market raises doubts about whether the rally is sustainable after a week with net outflows of US$267 million from BTC ETFs.
Recent buyers who are still underwater on their BTC holdings have helped consolidate the current trading range. Short-term holders, wallets that hold BTC for less than 155 days, have a cost basis around US$68,700, reinforcing that level as resistance.
💥The US stock market continues to bleed, due to the yield on 30-year bonds...🔴🐻🩸
According to CryptoQuant analyst Darkfost, 17.7% of Bitcoin’s circulating supply has been inactive for more than 10 years. The cryptocurrency ecosystem typically classifies coins that have been inactive for over a decade as lost. Just in the past month, more than 14,000 BTC were added to this category. By subtracting these 3.56 million BTC from the nominal maximum supply, the actual supply that will never be able to return to the market is reduced substantially.
Although this supply shock supports long-term bull cycles, in the short term the price still depends more on macroeconomic liquidity, demand for spot Bitcoin ETFs, and trading volume on exchanges.
According to Markus Thielen of 10x Research, Bitcoin would need an estimated US$15 trillion in additional capital to reach a price of US$1,000,000 by 2030—approximately 25% of the value of the US stock market. Thielen argues that forecasts that placed BTC near one million dollars by the end of the decade are «mathematically impossible» under the current dynamics.
As one full unit of BTC becomes more expensive, retail adoption tends to slow down due to investors’ psychological bias toward wanting to buy whole units rather than fractions. Although industry figures like Cathie Wood or Jack Dorsey maintained US$1,000,000 targets for 2030, this kind of analysis highlights the gap between the most optimistic projections and the mathematical limitations of global liquidity.
The price reached the $98 resistance level, but it didn’t close above it, and the same happened on the weekly chart.
Therefore, honestly, I don’t think it will go up more—at least not for now.
✅🚨ATTENTION🚨
The crypto market situation is getting very interesting 🧐
From May 1 to August 19—meaning for 110 straight days—the crypto market has been literally frozen, with volatility falling to historical lows.
This week, on the same day as Trump’s “Crypto Summit,” all of that changed suddenly:
Starting at 8:30 a.m. on August 19, crypto began to surge strongly… and with no major headline to explain it.
By 7:00 a.m. ET on August 20, we had already seen the seventh-largest liquidation event in crypto history, with more than $2.7 billion in shorts liquidated 🤯
✅Bitcoin is still EXTREMELY undervalued according to the Rainbow Chart model.🟢
✅BREAKING NEWS: Bitcoin bears have not given up!
Large SELL orders stacked between $78.5k and $83.5k
✅Expectations around the token @hibachi_xyz are increasing on Polymarket. The probability of a token launch by the end of 2027 has risen by 29%, reaching 79%. Meanwhile, the odds of a launch before the end of 2026 are currently at 32%. Do you think the token will launch this year, or will we have to wait until 2027?
▶️$VAR SOON, BRO! Just look at the facts: > Document update TODAY regarding the $VAR token > One month of cultivation remaining, since the points program ends in Q3 > A chat has been created with the best farmers and traders Events like this usually happen one or two months before the TGE. You have exactly one month left to farm points in the most promising project of this cycle. Is Trump literally promoting Perp Meta live and you’re skipping it? Don’t be stupid while there’s still time—take advantage of this opportunity: https://omni.variational.io/
🔐 A campaign converted nearly 2,000 legitimate websites into a network to distribute malware and steal credentials and cryptocurrencies.
🚨 Trump returns to the electoral battle, and cryptocurrencies could end up at the center of the dispute for the U.S. House of Representatives.
💰 B1tg3t CEO Gracy Chen considers it unlikely that the U.S. will buy bitcoin to expand its strategic reserve before 2029, despite what the Government promised.
📉 U.S. debt could reach between USD 55 and 60 trillion in a decade, increasing pressure on the financial system. An expert recommends reducing bonds and adding gold and bitcoin in the face of the risk of currency devaluation.
⚠️ Attack on The Sandbox. The project team confirmed a vulnerability in its contracts that allowed attackers to indiscriminately mint SAND tokens on the BSC and Base networks. The impact was contained and minimal (less than 0.01% of the total supply). ✅ Ethereum and Polygon were not affected, and users’ wallets are safe. ✅ They have already disabled the bridges to/from BSC and Base and are preparing a compensation plan for the affected LPs, and will publish a full report in the coming days.
🗳 NU7 voting begins on Zcash. ZEC holders will vote from August 25 to September 14 on the next network upgrade. These are the main proposals: • Reduce the block time from 75 to 25 seconds (3× faster confirmations) • Possible switch to gradual issuance (Network Sustainability Mechanism) • Deprecation of the Sprout pool The voting is anonymous, conducted on special votechains, and requires at least 1 million ZEC in participation. More than 3.3 million ZEC have already been prepared.
The debt-servicing rhythm of the US has once again placed the country’s fiscal stability at the center of global economic attention. Public debt officially surpassed the US$40 trillion barrier, accumulating an increase of nearly US$1 trillion in just five months. This acceleration is mainly due to a sustained budget deficit and the accelerated rise in the costs of servicing the debt because of high interest rates.
As debate grows over the sustainability of fiat currency and long-term latent inflation, Bitcoin’s role is gaining momentum from two different narratives. Analysts and legislative sectors more frequently push the idea that the US and other economies should incorporate Bitcoin as an official reserve asset. This proposal aims to mitigate the dollar’s long-term depreciation and diversify the state’s balance sheet.
The old crypto-ecosystem slogan from its early days, “Long Bitcoin, Short the Bankers,” has been left behind. The relationship between traditional banking and digital assets was not resolved through the destruction of banks, but through massive institutional integration. Global financial institutions that previously rejected the sector now manage listed products, offer regulated custody services, trading, and tokenization.
Top-tier banking entities and regulatory bodies allow the use of BTC as collateral in credit and derivatives markets, treating it similarly to gold or traditional currencies. Bitcoin is no longer seen only as a tactical or speculative bet, but as a long-term treasury and institutional reserve asset.